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  • Gulf widens between global and regional markets

  • Global market investors witnessed one of the worst environments on record in June, while MENA markets continued to highlight their own independence from the global turmoil despite some selling pressure emerging towards the end of the past month.
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  • United Arab Emirates: Sunday, July 06 - 2008 at 09:04 | readers' rating 1/10
  • NBAD's main office.
  • NBAD and BTMU conclude Dhs2.3bn financing for IPIC

  • International Petroleum Investment Company (IPIC), a Government of Abu Dhabi wholly-owned company, announced today that National Bank of Abu Dhabi (NBAD) and The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) have concluded Dhs2.3bn syndicated term loan facility to finance the acquisition of a 20% shareholding in Cosmo Oil Co.
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  • United Arab Emirates: Saturday, July 05 - 2008 at 17:05 | readers' rating 5/10
  • HH Shaikha Dheya Al Khalifa.
  • Reliance Money and Riyada Consulting launches new company in Saudi Arabia

  • Reliance Money, the largest broking and distribution house in India and part of the Reliance Anil Dhirubhai Ambani Group, announced its debut in Saudi Arabia by launching a new company - Riyada Reliance Money (RRM) - in collaboration with Baharin based Riyada Consulting, a leading management consultancy & advisory company in the MENA region.
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  • Saudi Arabia: Saturday, July 05 - 2008 at 16:27 | readers' rating 5/10


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